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You are talking about an AI that was designed to self-examine and optimize itself. Otherwise it will never ever be a full AGI. We are not smart enough to build one from scratch. The trick, if possible, is to get it to not modify the fundamental Friendliness goal during its self-modifications.

There are algoritms in narrow AI that do learning and modify algorithm specifics or chose among algorithms or combinations of algorithms. There are algorithms that search for better algorithms. In some languages (LISP family) there is little/no difference in code and data so code modifying code is a common working methodology for human Lisp programmers. A cross from code/data space to hardware space is sufficient to have such an AI redesign the hardware it runs on as well. Such goals can be either hardwired or arise under the general goal of improvement plus an adequate knowledge of hardware or the ability to acquire it.

We ourselves are general purpose machines that happen to be biological and seek to some degree to understand ourselves enough to self-modify to become better.